Money: Information About How to Enter Bond Transactions (240555)

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Identify the Type of Bond Transaction

To enter a bond transaction correctly, you must first identify the correct type of bond transaction that you want to enter.

Identify the following bonds as Bond (including treasuries, corporate bonds, municipal bonds, and zero-coupon bonds):

• Corporate Bonds
• Municipal Bonds
• Treasury Bonds and Treasury Notes
• Treasury Bills
• Ginnie Mae, Fannie Mae, and Freddie Mac
• Zero-Coupon Bonds
• Other Government Agency (Money 2001 only)

Note the following two exceptions when you identify a bond transaction:

• Identify U.S. Savings Bonds as Certificates of Deposit/US Savings Bond (including series EE and HH).
  
  
• Identify a mutual fund that invests in bonds as Mutual Fund (including those that invest in stocks, bonds, or index funds).

Tips for Entering a Bond in Money 2000 and Money 2001

When you purchase or sell a bond, base all of your entries in Money 2000 and Money 2001 on the confirmation that you receive from your bond broker. Enter the figures exactly as they appear on the confirmation.

When you enter the purchase or sale of a bond, pay particular attention to the following values:

• In the Quanity box, type the par value of the bond exactly as it appears on the confirmation that you receive from your bond broker.
  
  
• In the Price box, type the price value exactly as it appears on the confirmation from your bond broker.
  
  NOTE: In earlier versions of Microsoft Money, there were several options available for entering bond prices. In Money 2000 and Money 2001, a bond price must be entered as a percentage of the par value (the full value of the bond at maturity).
  
  
• In the Accrued Int. (accrued interest) box, type the number exactly as it appears on the confirmation from your broker.
  
  This number represents the interest earned by the bond since the last interest payment. If the transaction involves the purchase of a bond, the accrued interest is an expense. If the transaction involves the sale of a bond, the accrued interest is a receipt (income).

Money 2000 and later automatically calculate the Value by multiplying quantity by price, dividing by 100, and then adding your broker's commission.